Hyde Park

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Area Guide For Hyde Park

Hyde Park is Londons largest Royal Park of London. Almost every kind of outdoor pursuit takes place within its 625 acres all year round. Horse-riding, rollerblading, swimming, boating, tennis, cycling, bowling and putting are just some of the formal activities catered for, while informal games of cricket, football, rugby and rounders regularly sprout up in the ‘Sports Field’ on the south side of the park. A number of famous London attractions are also housed within this central space. Hyde Park boasts Speaker's Corner and the Serpentine Lake.

 
 

Hyde Park Map

Estimated Price: £1,940,795
Average Asking Price: £3,416,970
Price change in last one year: £183,931
Average Price Paid: £1,445,081
Average Rent Rates: £6,888

 
 

Property Prices Breakdown in Hyde Park

Average Price for property in Hyde Park is around £1,940,795 which varies based on type of property you are interested in and ranges from £8,909,252 for detached house to around £4,903,051 for semi-detached. Similarly terraced house is around £3,742,142 and a flat is worth £1,540,342. Values have been changing and have risen £3,099 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,052 in last 6 months, £183,931 in last 1 year, £365,637 in last 2 years, £530,704 in last 3 years, £618,469 in last 4 years and £603,959 in last 5 years.

Currently average asking price of a property in Hyde Park is around £3,416,970 based on approximately 451 properties for sale. Same is the case with rental options based on 2,450 properties up for rent, average asking rent is around £6,888 per month.

Estimated property value in Hyde Park is £1,940,795. Average asking price is £3,416,970 while average price paid is £1,983,324 which is up by £183,931 and Avg. asking rent £6,888.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Hyde Park area. In last 1 year alone average price buyer paid is around £1,983,324 based on approximately 451 sales in Hyde Park area alone. If you compare it to last 3 years sales of 1,546 properties where buyers paid around £1,692,143. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £1,445,081 for 2,670 and average amount paid for purchase of approx. 3,630 properties sold in last 7 years comes to about £1,331,593 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £1,448,990, £1,780,244 for a 2 bedroom house, £3,556,578 for a 3 bedroom house, £5,398,078 for a 4 bedroom house and £5,801,322 for a 5 bedroom house. For a flat similarly the prices varies from £918,983 for a single bedroom to £1,883,434 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £3,299,669, £5,118,025 for a 4 bedroom flat and £8,240,893 for a 5 bedroom flat. To sum up the asking prices for properties in Hyde Park it comes to around average £937,777 for 1 bedroom property, £1,877,558 for 2 bedroom, £3,345,076 for 3 bedroom, £5,242,223 for 4 bedroom and £6,903,064 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £3,647 for 1 bedroom to £6,354 for 2 bedrooms, £10,048 for 3 bedrooms, £10,966 for 4 bedrooms and £15,042 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £3,175. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £5,308, £8,929 for 3 bedroom, £18,957 for 4 bedroom and around £64,074 for 5 bedroom flat. You should be generally be expecting around average £3,200 rent per month for single bedroom property, £5,433 for 2 bedroom, £9,125 for 3 bedroom, £16,188 for 4 bedroom and approximately £34,655 for a 5 bedroom property in Hyde Park area.

Popular Houses in Hyde Park

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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